The WRT Corporation makes collections on sales according to the following schedule:

30% in month of sale

64% in month following sale

6% in second month following sale

The following sales have been are expected:

	Expected Sales
April	$130,000
May	$140,000
June	$130,000

Budgeted cash collections in June should be budgeted to be:

$130,000

$130,780

$136,400

$128,600